Seeing Machines (LON:SEE) Shares Down 7.6% – Here’s Why

Seeing Machines Limited (LON:SEE)’s share price dropped 7.6% on Monday . The stock traded as low as GBX 1.78 ($0.02) and last traded at GBX 1.94 ($0.02). Approximately 37,310,637 shares were traded during mid-day trading, an increase of 341% from the average daily volume of 8,465,090 shares. The stock had previously closed at GBX 2.10 ($0.03).

Seeing Machines Stock Down 2.1 %

The stock’s fifty day simple moving average is GBX 3.06 and its 200-day simple moving average is GBX 3.78. The stock has a market cap of £118.12 million, a P/E ratio of -3.21 and a beta of 1.15. The company has a debt-to-equity ratio of 137.68, a quick ratio of 3.50 and a current ratio of 1.89.

Insider Activity at Seeing Machines

In related news, insider Stephane Vedie acquired 1,170,000 shares of the stock in a transaction on Monday, January 13th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £46,800 ($59,572.30). 13.37% of the stock is currently owned by corporate insiders.

Seeing Machines Company Profile

Seeing Machines exists to enhance safety. With the world’s most advanced human data-driven technology, Seeing Machines is dramatically reducing fatal accidents every day; and making progress to our end goal of zero fatalities.
A focus on ‘mission critical’ applications, we design, manufacture and sell state-of-the-art software, hardware and systems that are currently used, trusted and incorporated across multiple global industries, by some of the world’s most recognisable brands.